JB/002/497/001

File:JB 002 497 001.jpg

- -

11
[10] [Yearly Interest &c] [11] [Interest .......unreceived]

Art. 8 [9] [Daily Interest &c] See the Talks in question
in the proposed Form of the Note .

[12] [Rate of interest .... inferior &c] See above, [7]

[13] [At first .... principal seen .....not lower &c]

[14] To adapt it to the pockets as Principal sum .... as low &c] The tendency
of small paper to produce this most obvious effect, and
thence the superior utility of small paper in comparison of
large, has lately been felt — felt universally and
in a very striking degree, + + in the instance of Bank paper. — but even now, obvious as it is, seems to
be rather felt than generally and clearly understood.
At the time of the late pressure upon the Bank, two
measures were resorted to for relief: the one, on the
part of money it at large — the agreement to persevere in the acceptance of Bank paper: — the
other on the part of the Bank itself — the spece of small notes of a smaller denomination than had
ever been in use before: viz: £2 notes, and £1
notes. The alarm having once taken place, N nothing
less than that so , an alteration, there were distinguished as
that was by an union of magnanimity and wisdom
like that in question, in which magnanimity and
wisdom were alike conspicuous, and would have been sufficient
to quiet it: but had the spece of small notes taken place a little time before — that is time
enough to govern the requisite degree of increase extension to the circulation
before those last advances were made to Government
which were the immediate cause of the pressure, that pressure
(than it seems probable enough) would never have
taken

- -

Identifier: | JB/002/497/001"JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	[[marginal_summary_numbering::[9] [12] [13] [14]]]
Box	002	Main Headings	Annuity Notes
Folio number	497	Info in main headings field
Image	001	Titles
Category	Text sheet	Number of Pages	1
Recto/Verso	Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.	Page Numbering	D11
Penner	Jeremy Bentham	Watermarks	TW 1794
Marginals	Jeremy Bentham	Paper Producer	Francis Hall
Corrections		Paper Produced in Year	1794
Notes public		ID Number	1236
Box Contents